Ever dream about having the money roll in without doing any more work? Keep reading. “Passive income” is defined as earnings from a business in which a person isn’t actively involved. Selling credit card processing is one potential source of passive income — and it can be quite lucrative.
It’s a great time for selling merchant services. More businesses are expanding to engage customers and accept more payment types on new channels to meet customer demands. For example, consumers want to use mobile wallets to make contactless payments in stores and quickly pay when they order from a smartphone.
The business of selling merchant services is getting a lot of attention. People are drawn to the flexibility of this industry and appreciate the career opportunities that come with serving their community’s small businesses, particularly with predictions that up to 17 million new companies will launch in 2022.
A lot has changed since 2020. People are using totally new ways to purchase and interact with businesses, which means merchants have no choice but to adapt or lose sales. Many small business owners are still trying to decode the post-COVID consumer and the technology and services that keep shoppers coming back.
North American Bancard sales partners are finding more opportunities to provide merchant accounts to businesses that sell to other businesses (B2B) in addition to selling merchant services to business-to-consumer (B2C) clients.
While placing bets is what the high-paced, high-risk online and casino gaming business is built upon, selecting the right ISO agent that provides easy and convenient payment functionality shouldn’t be left to chance.
The explosion of telemedicine adoption since 2020 has opened the door to accepting payments for these services online. Here’s what ISO Agents providing merchant accounts to telemedicine merchants need to know to help their clients have the payments functionality they need while simultaneously controlling costs.
There’s increasing anecdotal evidence that cannabidiol (CBD) is beneficial to some people. CBD sales — and the demand for Sales Partners to sell merchant services — are on the rise in this market segment.
